MALTAPOST PLC – INITIAL PUBLIC OFFERING
Maltapost Plc Share Offer
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· Offer being made by Government of Malta & Malta Government Investments Ltd who currently own 40% of Maltapost plc
· Offer for 11,200,000 shares of a nominal value of ?0.25c per share at a Share Offer Price of ?0.50c per share
· Maltapost plc market capitalisation at ?14,000,000
· Company to adopt a Dividend Policy of distributing up to 50% of yearly available profits.
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Time Table of Offer
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14th January 2008 – Pre-Placement of 5,040,000 shares (45% of issue)
15th January 2008 – Open of General Public Offer
18th January 2008 – Close of General Public Offer
23rd January 2008 – Announcement of Allocation Policy
30th January 2008 – Commencement of Trading
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Maltapost Present shareholding
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60% – Lombard Bank plc
40% – Malta Government
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PLEASE CLICK ON THE PDF FOR FURTHER DETAILS.